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Business, Economics, Education, Entrepreneurs,
Environment, Science and Technology
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Weekly December 17 - 21, 2007
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Impressive Performance
Research In Motion ends third quarter with amazing 12 million subscribers
Waterloo, ON - Research In Motion Limited (RIM) reported third quarter results for the three months ended December 1, 2007 (all figures in U.S. dollars and U.S. GAAP).
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Volunteers - This Generation
Volunteers Want More Than a Heart-Warming Experience, Says Prof
Volunteering is not the casual charitable activity it used to be
Guelph - Volunteering is at the forefront of people's minds during the holiday season, with many even adding it to their list of New Year's resolutions. But if community agencies want to attract and retain today's volunteer, they need to offer more than just an opportunity to give back, says a University of Guelph researcher.
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Ontario Tourism
Ontario Government Doubles Funding to Promote Economy-Boosting Festivals and Events 57 Events In Communities Across Ontario Supported Last Year
TORONTO - The Ontario government is doubling the funding available for economy-boosting festivals and special events to promote tourism throughout the province, Tourism Minister Peter Fonseca announced yesterday.
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Retail Consumer
Sales Soften in Ontario Retail trade October 2007
Statscan - Weak sales in Ontario nearly offset sales gains in eight provinces, leaving retail sales in Canada virtually unchanged in October. Sales edged up slightly (+0.1%) to an estimated $34.5 billion. Since 2004, retail sales in Canada have grown rapidly but have stagnated for the past several months.
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Media Deal
Google-DoubleClick Deal Win-Win for Consumers
Triumph of New vs. Old Economy
Washington, D.C. The Federal Trade Commission (FTC) approved Google’s acquisition of online advertising company DoubleClick, allowing the two to collaborate on new technologies to improve the relevance and effectiveness of Internet ads.
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Board of Director Appointment
Dr. Jim Cash Appointed to BSG Alliance Board of Directors
Renowned Board Member of Multiple Fortune 500 Companies and Former
Harvard Business School Leader to Help Guide World Class Governance and
Strategy for Sustained Rapid Growth
AUSTIN, Texas - BSG Alliance Corporation, creator of a unique platform of on demand software and services that enable organizations to become next generation enterprises, announced that James I. ("Jim") Cash, Jr., PhD. joined the company's board of directors this month.
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Pension Reform in Nova Scotia
Steelworkers applaud pension reform, time now to save jobs
HALIFAX and TORONTO - The United Steelworkers (USW) said Thursday the final step in reforming Nova Scotia pension law is a great victory for working people and must be followed up by a commitment to save jobs.
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NSERC Appointment
Dr. Arlene Ponting Appointed to the Natural Sciences and Engineering Research Council of Canada
OTTAWA - The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Natural Sciences and Engineering Research Council of Canada (NSERC), appointed Dr. Arlene Ponting to the Council.
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RR in Business Class
British Airways Offers The Absolutely Incredible Club World
Holiday Sale 70+ Percent Savings On Club World Business Class Fares From All 23 North America Gateway Cities
NEW YORK - A holiday sale offering savings of at least 70 percent off Club World flat-bed business class seats from North America to London is being offered for sale by British Airways, Dec. 20, 2007, through Jan. 3, 2008.
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Manufacturing - 50% Decline
Storm Clouds on the Horizon-Strong Exports Offset Canadian Decline in Manufacturing for Chemical Producers
OTTAWA - Strong export sales are offsetting a diminishing domestic demand for basic chemicals and resins, according to a Canadian Chemical Producers' Association (CCPA) 2007 year-end business survey of its members. A dramatic 50% decline in sales to Canadian customers may signal fundamental changes to North American manufacturing with production shifting to offshore locations, primarily Asia.
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Regional - Garbage Pickup
Garbage and Recycling Collection Delayed During Holiday Season
Waterloo Region Your garbage and recycling collection will be delayed by one day due to the statutory holidays on December 25 and January 1.
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Retirement in Canada
Retiring This Year? Time to Start Spending
Seniors make the psychological shift from saving to spending through the concept of an RSEP - a Retirement Spending Education Program
TORONTO - After decades of saving diligently, Canadians 69 and older can now begin to reap the rewards of their hard work by converting their Retirement Savings Plan (RSP) into a Retirement Income Fund (RIF). By law, Canadians must choose a retirement income option for their RSP by December 31st of the year they turn 71.
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Canadian Consumers
Consumers Finally Have Somewhere to Complain about Telephone, Internet and Cellphone Service
OTTAWA - The Public Interest Advocacy Centre today welcomed the Canadian Radio-television and Telecommunications Commission's (CRTC) decision to create a Commissioner for Complaints for Telecommunications Services Inc. (the Agency) that will provide many consumers with a "one-stop shop" to bring their complaints about cellphone, telephone and Internet services.
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Food and Beverage
Restaurants, caterers and taverns October 2007
Statscan - Total estimated sales in the restaurants, caterers and taverns industry reached $3.5 billion in October, a 3.7% increase over October 2006. (Data are neither seasonally adjusted, nor adjusted for inflation.)
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Manufacturing Record Sales
CHRISTIE ANNOUNCES RECORD YEAR IN DIGITAL CINEMA
Celebrates Blockbuster Success with 80% Global Dominance
WATERLOO REGION Christie, a global leader in Digital Cinema, announced record sales of its DLP Cinema(r) projection systems worldwide for 2007, outpacing the entire field of competition to take a commanding 80% control of the market, a nearly 20% increase over the previous year.
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Economic Activity
Gross domestic product by industry October 2007
Statscan - Economic activity increased 0.2% in October, after growing 0.1% in September. These increases occurred as the dollar appreciated significantly vis-à-vis its US counterpart in both months. Both the goods- and services-producing industries advanced.
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Investor Sentiment
Manulife Investment Sentiment Index regains ground to near six-year high
Six of 10 Canadians say they'll enter 2008 financially better off than
five years ago
WATERLOO - Canadians' interest in investments regained ground early this month despite continued concerns about U.S. sub-prime lending and swinging equity markets, according to a national poll for Manulife Financial, Canada's leading insurance and wealth management company.
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Media - Acquisition
Rogers Publishing Acquires Canadian Insurance Magazine
TORONTO - Rogers Publishing Limited has acquired Canadian Insurance Magazine from Stone & Cox Limited in a transaction that will close on December 31, 2007.
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Waterloo Holiday Facilty Hours
Seasons Greeting from Facility Services Unit of the City of Waterloo
Waterloo - The Facility Services Unit of the City of Waterloo administers all of the City's facilities and venues, including arenas, pools, playing fields and more Wish you a Safe and Happy Holiday Season
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Alliance and Collaboration
CareerBuilder.ca and Maclean's Enter Strategic Partnership
Visitors to Macleans.ca Can Now Immediately Access More Than 100,000 Job Postings and Employment-Related Articles and Advice
TORONTO - CareerBuilder.ca, has entered a strategic alliance with Maclean's, Canada's national weekly current affairs magazine, to power the magazine's new online job search center. Under the exclusive agreement, CareerBuilder.ca will expand on Macleans.ca business coverage with new tools and resources to assist visitors and readers.
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Canadian Wages
Payroll employment, earnings and hours for October 2007
Statscan - In October, the average weekly earnings of payroll employees (seasonally adjusted) climbed $4.04 (+0.5%) from September to $776.48. The year-to-date growth, calculated as the average of the first 10 months of 2007 compared with that of the same 10 months in 2006, was 3.1%.
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Media Aquisition
Transcontinental acquires Italian-language newspaper Corriere Italiano
MONTREAL - Transcontinental Media announced it has acquired the Italian-language weekly newspaper Corriere Italiano, which serves the Italian community in the Montreal area.
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Media Appointment
Rogers Radio Division Names Paul Ski CEO
TORONTO - Rogers Broadcasting (RBL), a wholly-owned subsidiary of Rogers Communications (RCI), today announced the appointment of Paul Ski as the Chief Executive Officer of its radio division.
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Board of Director Resignation
SunOpta Announces Director Resignation
TORONTO - SunOpta Inc. announced that Stephen Bronfman, Chairman and President of Claridge Inc., a member of the Company's Board of Directors, submitted his resignation effective December 20, 2007.
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Corporate Compromise
Competition Bureau Reaches Agreement With Canada Pipe Company Ltd.
OTTAWA - The Competition Bureau announced yesterday that it has filed a consent agreement with the Competition Tribunal in the Canada Pipe Company Ltd. case.
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R&R Skiing Get Away
Intrawest invites resort guests to "Stay Longer, Save More" at four of Canada's most popular winter resorts
Exclusive Airfare Deals; Great Rates and Availability on Lodging; and
Incredible Winter Conditions make Intrawest the Preferred Destination for
Snow this Holiday Season
VANCOUVER - Intrawest has unveiled new accommodation deals and exclusive airfare specials as part of its "Destination: Snow" vacation packages for the 2007-2008 winter season.
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Global Headlines
Merkel-EU To Decide On Market Transparency In March
Imf To Take Up Reforms, Sovereign Wealth Funds By Spring Mtg
World Bank Backs Solar Energy Systems In Bangladesh
Serbia Citizens Set For Huge Privatisation Windfall
Grow More Food In Cities, UN Agency Tells Asia
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Global Overconsumption
Economic policies and overconsumption are chief causes of climate change, say Canadian Nobel scientists
TORONTO - A group of Canadian climate change scientists and experts are warning that governments must address the root causes of climate change, and not rely on "technological fixes."
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Work Place Safety
Scarborough-based company pleads guilty to safety violation, fined $10,000
KITCHENER - A Scarborough-based company, 398701 Ontario Ltd., operating as Structural Restoration, pled guilty yesterday to one count of employing uncertified staff to install heating vents, contrary to provincial requirements under the Technical Standards and Safety Act, 2000 (the Act), and Ontario Regulation 212/01, Gaseous Fuels (Regulation).
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Thursday December 20, 2007
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CTT - December 2007 Update
Waterloo Region Continues to Boast Strong Labour Market and Healthy Economy
Waterloo Region - Waterloo Region, known as Canada’s Technology Triangle, ranked in the top quartile of many of the key metrics, when compared to the 27 Canadian Census Metropolitan Areas (CMAs), as highlighted in the latest economic trend analysis released yesterday by Canada’s Technology Triangle Inc.
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Technology - Marketing
NCR First to Offer Self-Checkout with Two-Sided Receipt Printing
Technology offers paper savings and unique promotional opportunities for NCR FastLane customers
DAYTON, Ohio NCR Corporation has announced that its innovative two-sided thermal receipt printing technology (2ST) is now available for NCR FastLane, the global market-leading self-checkout.
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Media - KidLINK E-Zine
kidsLINK E-zine - November/December 2007 issue
IN THIS ISSUE
>150th Anniversary Update
>Tools for Life
>Community-Based Child and Family Therapy
> New Walk-In Service at Access Centre
> Comprehensive Residential Services
> Child and Family Journal
> Fundraising
> Child Care Connection
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Research and Development
Spending on research and development - 2007 intentions
Statscan - Total spending on research and development (R&D) in Canada is projected to increase slightly in 2007, according to preliminary estimates.
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World Disaster Report
Time to tackle discrimination in disasters, says Red Cross report
Megan Rowling
Reuters - AlertNet - Discrimination threatens lives in emergencies, and governments and aid agencies should pay more attention to the needs of vulnerable groups who suffer most in disasters, the Red Cross said in a report released on Thursday December 13, 2007.
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Union Demand for Ontario House
CAW calls for fair deal for Ontario in House
TORONTO - On behalf of the CAW's 260,000 members across the country, CAW President Buzz Hargrove is demanding the fair distribution of new seats in the House of Commons. Recently, the 800 delegates to CAW Council endorsed a resolution calling for the federal government to implement a readjustment formula for new ridings that treats all provinces the same.
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Personal Income Tax Index
Canada Revenue Agency: 2008 Indexation Adjustment for Personal Income Taxes
OTTAWA - Each year, certain personal income tax amounts are indexed to inflation using the Consumer Price Index data, as reported by Statistics Canada.
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Kitchener Facilities
City of Kitchener facilities' holiday hours
KITCHENER - City of Kitchener facilities will operate during the holidays on the following schedule:
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Social and Environmental
Germany To Urge Greater Global Co-Operation.
"Germany will on Wednesday urge the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO) to work together better in managing the social and environmental impacts of globalization.
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Labour Wages
Construction Union Wage Rate Index for November 2007
Statscan - The Construction Union Wage Rate Index (including supplements) for Canada remained unchanged in November compared with the October level of 140.2 (1992=100). The composite index increased 0.9% compared with the revised November 2006 index (139.0)
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Environment - Reducing
2008: The Year for Greener and Leaner IT
Eight Tips to Reducing the Environmental Impact of Computing in the New Year
PLANO, Texas - Even though the leaves have fallen and there is a feel of winter in the air, there seems to be a lot of green around -- and it is not just in the evergreen boughs on your mantle, but rather it is in the drumbeat of change for business and society.
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Recognized Ontarioians
Order Of Ontario Recipients Announced
Recipients Of Ontario's Highest Honour Named
TORONTO - Twenty-seven recipients were named yesterday for appointment to the province's highest and most prestigious honour by the Honourable David Onley, Lieutenant Governor of Ontario.
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Go Transit - rejected offer
Union rejects employer's offer
TORONTO - ATU Local 1587 met with GO Transit management yesterday and informed them of the members' rejection of their Final Offer.
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Retailing Consumer Habits
One in Five Canadians Buy Gifts at the Last Minute Holiday Shopping Fact Sheet
TORONTO - According to MasterCard Canada research, with less than one week until Christmas, 19 per cent of Canadians may not have even started their holiday shopping and often wait until Christmas Eve to buy their gifts. Two-thirds of this group (67%) is made up of men, with one-quarter of this category represented by dads.
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Work Life Balance
MEN NEED BALANCE TOO
-Kenexa Research Institute Examines the Impact of a Company’s Support for Work/Life Balance on Male Workers’ Opinions-
WAYNE, Pa. - Research conducted by the Kenexa Research Institute (KRI), a division of Kenexa®, a leading provider of talent acquisition and retention solutions, evaluated male workers’ opinions of work/life balance.
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WLU - News
Laurier student a finalist in RBC blogger search
WATERLOO Fourth-year Laurier business student Andrew Boss is one of 12 finalists from across Canada competing for six jobs as RBC p2p bloggers.
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Community Announcement
The Centre for Family Business is pleased to share the following announcements:
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Food Service Growth
McCain Foods to build new facility in Pacific Northwest USA
FLORENCEVILLE, NB - McCain Foods Limited announced its intent to invest C$150 million for the construction of a new plant in the Pacific Northwest. The facility will be designed to produce French fries and potato specialties primarily for food service and quick service restaurant customers in the United States and international markets.
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McMaster Innovation Park
Government of Canada Establishes Advisory Board for Relocation of CANMETMTL
HAMILTON MP David Sweet (AncasterDundasFlamboroughWestdale), on behalf of the Honourable Gary Lunn, Minister of Natural Resources, announced today that an 18-member advisory board has been established for the relocation of the CANMET Materials Technology Laboratory (CANMETMTL) from Ottawa to McMaster Innovation Park (MIP) in Hamilton.
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Energy - Declining Consumption
Energy supply and demand 2006
Canada's demand for energy fell by 2.0% in 2006, thanks to declining consumption in the nation's industrial, transportation, residential and commercial sectors.
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University of Guelph - News
Students Design Mobile Dental Clinics for Developing Country
Guelph - People in the Dominican Republic will have healthier teeth thanks to University of Guelph engineering students who have designed two mobile dental clinics for the developing nation.
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New Years Eve Safety
GORE MUTUAL INSURANCE COMPANY OFFERS OVER 50,000 FREE TAXI RIDES THIS NEW YEAR’S EVE
Gore Mutual Insurance Company is offering their automobile policyholders a free taxi ride
on New Year’s Eve.
Cambridge - “We are very proud of our New Year’s Eve taxi offer,” says Kevin McNeil, President and CEO, Gore Mutual. “We believe this is a responsible initiative for an insurance company.
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World Bank Editorial
From Riches To Rags.
“China and India are poorer than we thought; rich countries produce even more than we realized. Those are the obvious conclusions from an unprecedented exercise, carried out by a World Bank-led coalition.
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Research Appointment
Normand Tremblay Appointed to National Research Council Canada
OTTAWA - The Honourable Jim Prentice, Minister of Industry and Minister responsible for the National Research Council Canada (NRC), yesterday announced the appointment of Mr. Normand Tremblay to the Council.
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GST Reduction
CFIB asks if your business is ready for the GST/HST Rate Reduction?
Toronto - On January 1, 2008, the goods and services tax (GST) rate will be lowered from 6% to 5%. This also means that the harmonized sales tax (HST) rate will be reduced from 14% to 13% in New Brunswick, Nova Scotia and Newfoundland & Labrador.
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Holiday Philanthropy
CAW Donates to 44 Food Banks Across Canada
TORONTO - The CAW is contributing $135,000 to food banks from Newfoundland to British Columbia, as part of an annual holiday donation.
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Technology Partnership
Quark And Alfresco Announce New Partnership
Collaboration Pairs Two Pioneers in Open Standards-Based Enterprise
Technology
DENVER & LONDON - Quark Inc. and Alfresco Software, Inc. announced a new partnership to develop integrated enterprise-class publishing and content management solutions for professional and corporate publishers.
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Wednesday December 19, 2007
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Construction Industry Growth
Canadian Construction Industry to Experience Similar Performance in 2008 as 2007; Leveling Off Expected in 2009
OTTAWA - The construction industry in Canada is set to continue another year of strong growth, according to an economic forecast report released jointly by the Canadian Construction Association (CCA) and the Construction Sector Council (CSC).
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Hockey Day in Canada
Cambridge Ice Hounds Make Hockey News
Local Team to be Featured on CBC Hockey Day In Canada
Cambridge - Hockey Day in Canada is coming to an arena near you as the Cambridge Ice Hounds Special Hockey Team will play home to the world-renowned Canadian Broadcasting Corporation (CBC) Hockey Day in Canada program.
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New Family Transportation
Nissan FORUM Concept Utilizes Design and Technology Innovations to Create a Unique Family Activity Space
MISSISSAUGA - The Nissan FORUM, an exploratory design concept developed by Nissan Design America, Inc. (NDA), represents the next revolution in family transportation.
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Appointment
Kevin P. D. Smith Appointed to the Board of the Canada Foundation for Innovation
OTTAWA - The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Canada Foundation for Innovation (CFI), appointed Dr. Kevin Smith to the Foundation's Board of Directors.
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Business Excellence Gala
Celebrating the Leaders of our Community 11th Annual Business Excellence Awards Gala
The Chamber recognizes outstanding leaders in our business community at our 11th Annual Business Excellence Awards Gala to be held February 21, 2008 at Bingemans Marshall Hall, Kitchener.
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All Day - Alternate Day
Catholic Board Completes Move to All Day Alternate Day Kindergarten
All Schools To Make Switch in September, 2008
Kitchener The Waterloo Catholic District School Board today announced that full implementation of an “all day alternate day” Kindergarten program in all 47 of Waterloo Region’s Catholic elementary schools will be completed in September, 2008.
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Keeping Kids Active
CANADIAN SKI COUNCIL JOINS FIGHT AGAINST CHILDHOOD OBESITY
Helping Children Get Active with the Grade 5 SnowPass
This winter, the Canadian Ski Council and its partner resorts across Canada are once again taking a stand against childhood obesity through the Grade 5 SnowPass program.
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Economic Impact
U of G, OMAFRA Partnership Worth Billions, Report Says
GUELPH - The partnership between the University of Guelph and the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) has tremendous economic impact, returning more than a billion dollars a year to the province, according to a new economic analysis.
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Interest Rate Re-set
NEW INTEREST RATE FOR VARIABLE-RATE ONTARIO SAVINGS BONDS
Flexible And Secure Investment Option For Ontario Residents
QUEEN’S PARK - The Ontario government announced that the interest rate for the Variable-Rate Ontario Savings Bonds (OSBs) will be re-set at 4.10 per cent for the next six months.
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Christmas Cheer
Canadian Soldiers bring Christmas Cheer to People with Disabilities in Southern Afghanistan.
TORONTO - In an attempt to bring some Christmas cheer to the poorest people of Kandahar region - people with disabilities, Canadian military personnel recently distributed much needed supplies including flour and cooking oil.
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Major Pipeline Project
Siemens awarded major contract from TransCanada's Keystone Pipeline project to supply the pipeline between Canada and the United States
MISSISSAUGA, ON - Siemens announced it has been awarded a contract from TransCanada, valued over $200 million (CDN) (150 million Euro), to supply the Keystone Pipeline project (Keystone) with electrical equipment, electrical power supply and pumping equipment.
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Same-day Travellers
Travel between Canada and other countries
Same-day car travel by Canadians to the United States hit its highest level in almost seven years in October as the loonie surpassed parity with the US dollar. At the same time, same-day car travel by US residents to Canada hit a record low.
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Fraud Report
Tis the Season...to Beware of Bogus Offers
The Competition Bureau, in collaboration with the Retail Council of Canada, is warning consumers to be on the lookout this holiday season for bogus offers from scammers posing as well-known retailers.
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Strong Soft Skills
Number Crunching Alone Insufficient for Today's Financial Professionals, Suggests Survey
TORONTO - Accounting is a technical field, but job candidates who also possess strong soft skills now have an edge over those who stick strictly to the numbers, a recent survey suggests. Close to two-thirds (65 per cent) of chief financial officers (CFOs) said they would hire someone with fewer technical skills if the candidate had particularly strong soft skills, such as communication and interpersonal abilities.
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Intelligence Technology
Honda Develops Intelligence Technologies Enabling Multiple ASIMO Robots to Work Together in Coordination
TOKYO - Honda Motor Co., Ltd. has further advanced intelligence technologies enabling its advanced humanoid robot ASIMO to act autonomously and perform uninterrupted service to office guests.
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Hockey Challenge
LEGENDARY HOCKEY HEROES JOIN HALL OF FAMERS SHUTT, TROTTIER, LANGWAY AND SMITH TO PLAY LOCAL POLICE FOR SPECIAL OLYMPICS
Waterloo - The Legendary Hockey Heroes will be coming to Waterloo for the Oldtimers' Hockey Challenge taking place 7:00pm, Wednesday, February 20, 2008, at the Clarica Arena, Waterloo Memorial Recreational Centre.
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Union Support
CAW Locals Pledge Support for Striking Woodbine Workers
TORONTO - In a show of solidarity CAW local union leaders have pledged their full support for the 180 bartenders and servers on strike at three Woodbine Entertainment Group locations in Southern Ontario.
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Pursuing Research Projects
Laurier’s Vice-President: Academic steps down to pursue research
WATERLOO Dr. Sue Horton is stepping down from her position as Vice-President: Academic of Wilfrid Laurier University effective August 1, 2008. She looks forward to pursuing research projects that have been put on hold during her tenure in administration.
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Organizational Changes
City of Guelph fine tunes its organizational structure
Changes, though minor, expected to continue to build stability and allow City to meet community needs.
GUELPH - The City of Guelph has implemented some minor adjustments to its organizational structure that will help build stability, and which better reflect the needs of the organization.
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New Replacements
Sleeman Breweries replaces four senior executives including president
GUELPH, Ont. - Sleeman Breweries has replaced four senior executives, including president Rick Knudson, the company's chief executive said Tuesday.
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Blackberries in Serbia
Vip and RIM Introduce BlackBerry for Serbia
Belgrade, Serbia and Waterloo, ON - Vip mobile, a member of mobilkom austria group and Research In Motion (RIM) announced availability of the BlackBerry® solution from Vodafone in Serbia.
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Stronger Sales
Wholesale trade
STATS CAN - In October, Canadian wholesalers shrugged off another lackluster month in the automotive sector to register a second consecutive monthly increase, thanks in large part to higher sales of building materials and personal and household goods.
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Demographic Estimates
Canada's population estimates
Canada's population has exceeded the 33-million mark, according to preliminary demographic estimates, which also show that Saskatchewan has more than 1 million people for the first time since 2001.
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Productivity
Study: Work stress and job performance
Work-related stress has a direct bearing on the current and long-term productivity of Canadian workers in terms of reduced work activities, disability days and absenteeism, according to a new study.
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Tuesday December 18, 2007
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Canadian Consumers Still Paying More
Consumer Price Index November 2007
Statscan - Fuelled by higher gasoline prices and mortgage interest cost, consumer prices increased 2.5% between November 2006 and November 2007, a slight acceleration from the 12-month change of 2.4% posted in October.
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Retail Store Opening
Retail expansion continues for local retailer
Waterloo - Liz Stolper opens second retail store in Waterloo. JBU Waterloo is located at 95 King Street South in Waterloo, right across from Janet Lynn's Bistro and Knarr Jewellery.
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Entrepreneurship - Division Launch
Waterloo-Based, Flexible Electronics Pioneer PackagingOne Launches Services Division
Waterloo, Ontario-based flexible electronics pioneer PackagingOne Corporation announced the launch of its Professional Services Division.
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Winter Driving
Motorists failing to adjust driving to road conditions in major storm results in over 1,650 crashes
ORILLIA - Ontario Provincial Police Commissioner Julian Fantino said many motorists failed to adjust their driving behaviour to road conditions on the weekend as a major snow storm swept across Ontario.
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Environment -Climate Change
City of Guelph to work with federal and provincial governments to reduce fuel consumption and emissions
City registers for Fleet Challenge Ontario, works towards cleaner air.
Guelph - The City of Guelph is among 12 Ontario municipalities, chosen from 50, to take part in a comprehensive E3® (Energy, Environment, Excellence) fleet review offered by the Canadian Energy Efficiency Alliance (CEEA), in partnership with the Ontario Ministry of Transportation and the Ontario Ministry of Finance.
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Energy for Cities
Miami to host biodiesel plant
Miami, FL - Oilsource Holding LLC and Greenline Industries LLC are teaming up to develop a biodiesel plant capable of producing up to 60 million gallons per year in Miami, Florida.
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Quality Award Winner
Premiere Van Lines, Kitchener, ON Recognized As Atlas' 2007 Eastern Regional Quality Award Winner
Kitchener - Doug Auld, CMA, President of Atlas Canada, Oakville, ON is very pleased to announce that Premiere Van Lines, Kitchener. ON has been honoured with Atlas' prestigious “Quality in Motion” award for the 2007 award year.
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Canadian Tax Changes
The Canada Revenue Agency Informs Canadians on Tax Relief Measures
OTTAWA - Minister of National Revenue Gordon O'Connor today assured Canadians that the Canada Revenue Agency (CRA) is ready to support taxpayers to ensure that they understand the new tax measures passed by Parliament on Friday and are able to take full advantage of them.
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Deregulated Trade
Toxic toy law misses big picture
Steelworkers say it focuses on symptom, not disease
TORONTO - Proposed legislation on toxic toys ignores the root problem, the United Steelworkers (USW) union said yesterday. It overlooks where and how toxic toys are made, focusing on the symptom more than the disease.
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Global Climate Change
UN Climate Change Conference Concludes With Adoption Of Bali Roadmap
“The UN climate change conference ended in Bali Saturday with the agreement of 187 countries to launch negotiations on a crucial international climate change deal.
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Energy - Biopact - Biomethane
Biomethane presented as most efficient biofuel at NAAC Conference
Biopact - At the recent National Association of Agricultural Contractors (NAAC) Contractor 2007 Conference, in the UK, biofuels took center stage. Farmers were impressed by a presentation by Tim Evans, whose company Renewable Zukunft - presented results from a 'Mini Test'.
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Food - Independent Investigation
Rice on Canadian store shelves contaminated - Government fails to detect illegal, genetically engineered variety
MONTREAL and VANCOUVER - An independent investigation by Greenpeace has found rice sold in Canadian supermarkets to be contaminated with an experimental, genetically engineered variety accidentally released into the environment.
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Printing - Financial Results
Transcontinental in 2007: Growth in revenues and adjusted operating income before amortization despite sharp rise in Canadian dollar
MONTREAL - Transcontinental announced today that it recorded adjusted net earnings per share of $1.50 for 2007, which is slightly lower than the range of $1.52 to $1.65 announced at the beginning of the fiscal year.
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Waterloo Budget
Three year City of Waterloo budget focuses on stability
Waterloo City of Waterloo Council members have approved the capital and operating budgets for 2008 to 2010, and the capital budget forecast for 2011 to 2017.
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Study Manufacturing
Study: Long-term productivity growth in manufacturing in Canada and the United States 1961 to 2003
Statscan - Labour productivity in the manufacturing sector of both Canada and the United States increased at the same average pace between 1961 and 2003. But the sources of this growth differed in the two countries, according to a new study.
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Consumers Source of Growth
Canada's Leading indicators Unchanged November 2007
Statscan - The composite leading index was unchanged for a second straight month in November, after October was revised down from a preliminary estimate of 0.1% growth.
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Waterloo Region GRT
Ontario Government Continues to Fund Grand River Transit through gas Tax
Fourth Year Gas Tax Fuels Real Transit Results for Waterloo Region
KITCHENER The McGuinty government is investing an additional $8.5 million in Grand River Transit in shared gas tax receipts to help get more people out of their cars and onto public transit, John Milloy, MPP Kitchener Centre, and Leeanna Pendergast, MPP Kitchener- Conestoga, announced yesterday on behalf of Transportation Minister Jim Bradley.
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Technology - Blackberry
Telecom New Zealand And RIM Launch The BlackBerry Solution With The BlackBerry 8830 World Edition Smartphone In New Zealand
Auckland, New Zealand and Waterloo, ON, Canada - Telecom New Zealand and Research In Motion (RIM) announced plans to launch the BlackBerry® wireless solution n New Zealand.
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Canadian Road Atlas
Map Company Releases the Ultimate Road Atlas of Canada.
OSHAWA - MapArt Publishing Corporation unveiled the Canada Back Road Atlas, a product with unsurpassed coverage of the country.
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Holiday Tips
No Need to Throw Away Your Holiday Tree, Says University of Guelph Horticulturist.
Guelph - Displaying trees indoors during the holiday season is a long-standing tradition, but growing concern about the environment has caused a new trend to emerge, says Arboretum horticulturist Sean Fox.
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Creative Financing
Globalstar, Inc. Announces $150 Million Financing from Chairmans Company
Revised Agreement Provides Increased Access to Funds and Amends Covenants From the Existing Credit Facility
MILPITAS, Calif. - Globalstar, Inc., a leading provider of mobile satellite voice and data services to businesses, government and individuals, announced that Thermo Funding Company LLC (which is controlled by Jay Monroe, Globalstar's Chairman and CEO) has assumed all of the obligations of the administrative agent and the lenders under Globalstar's credit agreement with Wachovia Investment Holdings, LLC
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Ratified New Agreement
Workers at Pratt & Whitney ratify new deal
MONTREAL - More than 1,400 Pratt & Whitney Canada workers in Longueuil, Quebec, represented by CAW Local 510, overwhelmingly ratified a new tentative agreement.
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Resource Management
Government of Canada Partners with University of Victoria on Remote Sensing Research
VICTORIA The Honourable Gary Lunn, Minister of Natural Resources, announced a memorandum of understanding providing for contribution agreements of up to $2.25 million with the University of Victoria for advanced remote sensing research.
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Life Style - 2007 Best New Ontario Golf Course
Golf Digest Names Muskoka Bay Club Best New Course in Canada
TORONTO - Muskoka Bay Club has been named 2007 Best New Canadian Course in the January 2008 issue of Golf Digest featuring America's Best New Courses.
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Media - Journalist
Struggle for Free Expression Comes with Deadly Price Tag
TORONTO - Although Canadian Journalists for Free Expression (CJFE) celebrated small press freedom victories in Canada in 2007, on the world stage there was little to cheer about.
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Golf Sponsorship
The Thomson Corporation and Mike Weir Forge Partnership Creating the Top New Team in Canadian Golf
Thomson Named New Primary Corporate Partner of Canadian PGA Tour Star
TORONTO, and STAMFORD, CT - The Thomson Corporation announced that it will be the primary corporate partner to Mike Weir, one of the greatest Canadian professional golfers.
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Monday December 17, 2007
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2008 Economic Forecasting
Recession, bear market unlikely in 2008, predicts TD Waterhouse
- Positive factors in U.S. will outweigh negatives and yield high
single-digit returns
- Canadian equity markets will lag U.S. but still generate single-digit
returns
- Fixed income will earn more in 2008 than 2007
- Europe will again be best international market
TORONTO - TD Waterhouse released its 2008 Investment Outlook, offering insight into future market trends and their impact on investment portfolios. The Outlook predicts that, despite continuing fall-out from the sub-prime lending crisis in 2008, several positive factors in the U.S. economy will more than offset the negatives and will cause the U.S. stock market to rise for its sixth consecutive year.
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Ontario 2007 - Mini Budget
Ontario “Mini-budget” Cuts Capital Tax Rates for 2007
The Ontario government announced that it will reduce its capital tax rates for 2007 and eliminate the tax for manufacturers and resource companies as of January 1, 2008, more than two years earlier than originally scheduled.
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Global Economies
2005 International Comparison Program Preliminary Global Report Compares Size of Economies
WASHINGTON The International Comparison Program (ICP) today released new data showing the world economy produced goods and services worth almost $55 trillion in 2005 and that almost 40 percent of the world’s output came from developing economies.
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Mixed Messages to Consumers
Federal Government Moves to Fatten up Canadians
Bruce Cran
OTTAWA - With Federal Government Ministers Jim Flaherty (Finance), David Emerson (International Trade), and Gerry Ritz (Agriculture) poised to announce the passing of legislation to substantially increase the fat content of cheeses sold in Canada, The Consumers' Association of Canada wonders if Health Minister Tony Clement is asleep at the switch.
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Gift to WLU
Ipsos Reid donates significant national polling data to Laurier
WATERLOO Research firm Ipsos Reid is donating three sets of nationally significant opinion-poll data to Wilfrid Laurier University a gift that represents a goldmine for researchers looking for insight into the views of Canadians during important periods in the country’s recent history.
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Summer 2008 Employment
Students can apply online now for summer work
KITCHENER - Students who are looking for a motivating, energizing and rewarding summer job should be aware that the city's annual Hiring Now! program is underway.
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Ontario - Mini Budget
PwC Sources Available: Ontario Economic Outlook and Fiscal Review Introduces Tax Relief
Ontario - Ontario’s Economic Outlook and Fiscal Review, delivered on December 13, 2007, includes tax measures that promise relief to:
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Climate Change Appointment
Prof Named to Climate Change Panel
Guelph - A University of Guelph geography professor has been appointed to a new provincial expert panel on climate change adaptation.
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RFID - Education
Banyan Commerce ties up with world leader RFID4U to offer free RFID courses in Canada
TORONTO - Banyan University (Banyan U), the training division of Banyan Commerce announced their alliance with RFID4U, the world's largest RFID elearning portal.
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Community Prosperity
MORE LAND AMBULANCE FUNDING FOR WATERLOO REGION
Funding Increase Meets McGuinty Government 50/50 Commitment Made in 2006
KITCHENER The Ontario government is providing Waterloo Region with $915,206 to strengthen land ambulance services that provide crucial care to patients in this area, John Milloy, MPP Kitchener Centre, and Leeanna Pendergast, MPP Kitchener-Conestoga, announced December 14, 2007.
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Biz Pal - Municipality
BizPaL Launched in Brockville
BROCKVILLE - Starting and running a business in the City of Brockville just became easier thanks to BizPaL, a new online business permit and licence service that saves time spent on paperwork and helps entrepreneurs start up faster.
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Paint Brands Divested
Competition Bureau Resolves Concerns in Paint Merger
Ottawa - The Competition Bureau announced that it has reached a consent agreement with Akzo Nobel N.V. (Akzo Nobel) to divest certain paint brands and other assets in Canada, resolving competition concerns resulting from its acquisition of Imperial Chemical Industries PLC (ICI). The agreement was filed with the Competition Tribunal.
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Customer Retention
Investors Group selects NexJ Systems' CRM solution as the platform to deliver their integrated Consultant desktop
NexJ Contact(TM) for Finance will provide CRM capabilities and be the
client-centric hub to deliver all enterprise client information to
Financial Consultants
TORONTO - NexJ Systems, Inc., innovative software provider of next-generation Customer Relationship Management (CRM) solutions for the financial services industry, today announced that Investors Group has selected NexJ Contact(TM) for Finance as the platform for their integrated Consultant desktop.
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Reduction of Holdings
Canada's international transactions in securities October 2007
Statscan - Non-residents investors reduced their holdings of Canadian securities by a record $24.3 billion in October, driven by significant foreign takeover activity and the resulting withdrawal of Canadian portfolio shares from stock markets.
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Campaign University of Waterloo
Campaign Waterloo celebrates $423M and looks forward to continuing success
WATERLOO - The University of Waterloo is this week celebrating the tremendous success of its multi-million dollar fundraising campaign.
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Vehicle Sales Slide
New motor vehicle sales October 2007
Statscan - Sales of new motor vehicles declined again in October, although not as sharply as in September. Seasonally adjusted data from the New Motor Vehicle Sales Survey show that 137,501 new vehicles were sold in October. This is 1.4% fewer vehicles than were sold in September.
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Blackberry Update
Oman Mobile, EMS and RIM announce the launch of BlackBerry in Oman
Muscat, Oman - Oman Mobile, Oman’s leading telecom service provider, Research In Motion (RIM) and Emitac Mobile Solutions LLC, announced December 15, 2007 the availability of the BlackBerry® solution for Oman Mobile’s customers in the Sultanate.
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New Ranking Top 100
NASDAQ Announces the Annual Re-Ranking of the NASDAQ-100
Index
NEW YORK- The Nasdaq Stock Market, Inc. announced the annual re-ranking of the NASDAQ-100 Index(r), effective with the market open on Monday, December 24, 2007.
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Wage Earner Protection program
Amendments to the Wage Earner Protection Program and Insolvency Reforms Receive Royal Assent
OTTAWA - The Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of the Economic Development Agency of Canada for the Regions of Quebec, on Friday December 14, announced that Bill C-12 - An Act to amend the Bankruptcy and Insolvency Act.
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Manufacturing Chemicals
Chemical Manufacturers: Tax Measures Will Bring New Investments to Ontario
OTTAWA - On December 14, 2007 Canada's Chemical Producers congratulated the Ontario Government for taking concrete action to help Ontario's manufacturing sector.
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Media - USA
COLLIERS INTERNATIONAL LAUNCHES "KNOWLEDGE LEADER" MAGAZINE TO CONNECT WITH CLIENTS
Seattle, WA - In a highly innovative marketing move, Colliers International, a leading global real estate services company, has launched its own North American business and lifestyle magazine entitled "Knowledge Leader."
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Energy Reuse - Storage
Moneta Energy Services Will Be Taking Producers Old Reservoirs and Turning Them Into New Natural Gas Storage
CALGARY, ALBERTA- Recently-formed Moneta Energy Services has entered the dynamic fast pace natural gas marketplace to capture value embedded in the commodity by helping producers shed depleted oil and gas fields and better deal with natural gas prices that have recently seen wild fluctuations.
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Smoke Free Vehicles
Health Units Encouraging Smoke-Free Vehicles to Protect Young Passengers
Waterloo Region Health Units across Ontario are urging drivers and adult passengers to keep their vehicles smoke-free when heading out on the road this winter.
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Global Economies
Latin America 2007 Growth Seen 5.1 Pct-World Bank
“The World Bank expects Latin America's economy to post 5.1 percent growth this year, up from a previous forecast of 4.8 percent, but sees growth slowing slightly in 2008, the Bank's Vice President for Latin America and the Caribbean said on Thursday.
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© Copyright 2007-08/Exchange Morning Post/Exchange Business Communications Inc.
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